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255 Spellman Dr, Atlanta GA 30314, Price $35k, Rehab $7k, ARV $90k
This is a charming, 3 Bedroom, 1 bath single family home with tons of potential. It has recently been 98% renovated, and needs minor touch ups to get it ready for use as a solid rental or starter home. It has newly carpeted floors throughout, and tons of space. This one wont last! You really need to check this one out!



REPAIRS $5,000


Touch up Interior paint
light carpet and interior cleaning
landscape
minor carpentry
HVAC Repair.

Est Financials*
Est Rent $850
Est Tax $167
Est Insurance $45
Mortgage $354
Est Net Monthly Income $284

* Est based on 30 yr fixed Mortgage at 8% APR, with $2,002 annual taxes and $540 insurance


Comparable sales

Address Sold Price sqft bed bath dist assess
260 Wadley St Aug-08 $90,000 936 3 1 0.46 $121,500
1960 Morehouse Dr Jul-08 $65,000 926 4 2 0.04 $89,500
1867 Oakmont Dr Jun-08 $130,000 839 2 1 0.30 $68,300


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